Archive for November, 2009

Most Burlingame houses for sale do not qualify for the $ 8,000 Tax Credit. The credit has been extended to buyers who are in contract by April 30, 2010 and is available to anyone who is a first time homebuyer or has not owned a primary residence for the past 3 years. We are delighted that the income level requirements have been raised to $ 125,000 for individuals and $ 225,00 for joint filers. What most people do not realize, is that the purchase price can not exceed $ 800,000. There are only 3 single family Burlingame homes for sale that are priced under $ 800,000. They are located at: 101 Victoria, 1443 California Drive and 812 Peninsula Ave. However if you are in the market for a condo, you have more choices. 18 condos are offered for under $ 800,000, all are one or two bedroom units.

There are currently 5 new constructed homes in Burlingame for sale. Four houses are located in the Easton Addition neighborhood at: 1316 Drake Ave, 1348 Drake Ave, 1325 Cabrillo Ave and 1417 Cabrillo Ave. These are all large homes with 4 or 5 bedrooms and 4 plus bathrooms on standard 6000sqft lots. Priced between $2,199,000 – $2,328,000. Buyers who are looking in this price range and want new construction, will soon have more choices. There are several new homes being built. I know of at least four homes that I have noticed just walking my dog in the neighborhood. There is one more brand new home for sale in the Burlingame hills at 150 Newton Dr.. This is a rather large home with 5400sqft on a 17,000 sqft lot offered for $ 2,995,000.

Choosing where to live depends on many factors. How far it is to the next grocery store (0.21 miles), the library (0.26 miles) and public transportation matters to more people every day. The 2 bedroom/2bath condo at 1515 Floribunda Ave # 107  in Burlingame  is ideally located if you do not want to be dependant on your car. Listed by Mark Johnson/Coldwell Banker for $ 589,500 this beautiful up-dated, one level condo is ideal for anyone downsizing. For more information visit Mark’s website at www.1515Floribunda.com or call him at 650.685.7648 to check the walkability of your neighborhood before you buy go to: www.walkscore.com

Chris Molnar
Realtor, Coldwell Banker
181 Second Ave #100
San Mateo, CA 94401
Phone:650-504-2693


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